Future Plans for Growth:

  • Construction of New Bukit Raja Processing Facility.

Camaroe plans to build a new processing plant in Bukit Raja to replace its existing Kapar facility, with relocation targeted by 1Q29. The new facility will feature upgraded processing lines, chest freezers, and a rooftop solar system, aimed at expanding production capacity, improving operational efficiency, and supporting long-term growth in export markets. A total of RM8.0m (57.7% of IPO proceeds) will be allocated for the construction.

  • Establishment of an in-house biotechnology department.

To enhance its farming efficiency and product quality, the group will set up an in-house biotechnology department by 2Q25 at its Kapar facility, relocating it to Bukit Raja by 1Q29. The department will focus on R&D and laboratory testing, particularly in probiotics and farming supplements, requiring investment in specialised equipment and recruitment of a research scientist and two lab technicians. RM1.0m (7.2% of IPO proceeds) will be allocated for it.